PPP Loan information for Rectico, inc

$65,235

Rectico, inc was initially approved for PPP Loan of amount $65,235, the current approved amount is $65,235. The loan was approved on 06/23/2020 by The Valley National Bank reported 7 jobs and $65,235 was used to fund payroll.

Rectico, inc is Existing or more than 2 years old

RECTICO, INC

Date Approved

06/23/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

RECTICO, INC

Borrower Address

12 Gloria Lane Unit 1

Borrower City

Fairfield

Borrower State

NJ

Borrower Zip

07004

Loan Status Date

03/11/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

65235.00

Current Approval Amount

65235.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45120

Servicing Lender Name

Valley National Bank

Servicing Lender Address

615 Main Ave

Servicing Lender City

PASSAIC

Servicing Lender State

NJ

Servicing Lender Zip

07055-5066

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Fairfield

Project County Name

ESSEX

Project State

NJ

Project Zip

07004-0011

CD

NJ-11

Jobs Reported

7

NAICS Code

333993

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

65235.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

45120

Originating Lender

Valley National Bank

Originating Lender City

PASSAIC

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

65664.46

Forgiveness Date

02/19/2021

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